According to an estimate, United States has approximately 16 million car accidents a year, the total costs running as high as 90 billion dollars. Aside from this, a car is either stolen or broken into every 19 seconds. The only means to protect yourselves is to invest in a solid affordable auto insurance policy that not only offers you great coverage, but great rates also. Before you begin shopping for Chicago car insurance rates, check what Illinois requires in terms of minimum coverage, etc and then start comparing rates.

In Chicago, existing policies offer a range of deductibles. The deductible reflects the amount you must spend before your insurance carrier provides benefits. Always elect to carry a higher deductible. For example, a more popular $500 deductible is preferable to a $250 deductible.

It is not advisable to purchase more collision coverage than your car is worth. The older your car is, the less is collision coverage you will need. If your car is valued at $1,000 or less, you probably won't even need collision coverage at all. It is better to consult your insurance company to find out what they recommend.

For protecting your assets, liability coverage is a must. Generally, the asset value has a direct bearing on the amount of liability coverage you choose.

Chicago car insurances offer discounts various programs including students with good driving records, automobiles with anti-theft devices, insuring more than one car with the same carrier, driver's training course attendance, individuals with no accidents or moving violations in the last three years, a strong credit history, as well as certain occupations/ professions and safety features like anti-lock brakes and airbags.